The percentage tax reduction of real property taxes, as provided pursuant to § 10-4-24.11, due or paid on a single-family dwelling for a multiple-member household is according to the following schedule:
If household income is at least | but less than | The tax due reduction on current levy is: |
$ 0 | $ 18,500 | 100% |
18,500 | 19,500 | 75% |
19,500 | 21,000 | 50% |
21,000 | 22,000 | 25% |
22,000 | 0% |
SDCL 10-4-24.13